Housing Wire

FEBRUARY 15, 2021

That is roughly only 130,000 higher than the levels we saw in 2017. When you have these two titans acting in unison, it can potentially accelerate real home prices in an unhealthy way. In 2020, the year of COVID-19, existing home sales ended at a respectable 5,640,000.

Housing Market 540

Housing Market Mortgage Marketing 540

Housing Wire

SEPTEMBER 15, 2024

2016: $417,000 2017: $424,100 — 1.7% That condition was finally met in 2016 when the FHFA increased the conforming limits for the first time in a decade. Here are the increases in FHFA’s conforming loan limit for one-unit loans for the lower 48 states since 2016. increase 2018: $453,100 — 6.8% increase 2019: $484,350 — 6.8%

Mortgage 485

Mortgage 485

Appraisal Buzz

NOVEMBER 13, 2024

Since launching in 2017, Clever has reached $11.4 The study found that 72% of buyers had regrets, with the most common being that buying a home is simply too expensive. Clever Real Estate produces educational real estate content, reaching more than 10 million readers annually. Clever’s network spans 15,000 agents across all 50 states.

Real Estate 417

Real Estate Sellers Buyers Renovations 417

Housing Wire

FEBRUARY 21, 2024

Nelson previously served as Guaranteed Rate’s senior vice president and divisional manager for the Southeast and Mid-Atlantic regions from August 2017 to May 2022. Since leaving Guaranteed Rate, Nelson held executive positions at Nations Lending and Movement Mortgage.

Retail 430

Retail Tools Lending Clients 430

Housing Wire

MARCH 5, 2021

At the end of 2017, Ishbia went on record supporting a fast-growing movement that “focused on stopping the unethical practices used by ‘whole-tail lenders.’” But if they get less business, maybe they would stop soliciting to clients,” Ishbia said back in 2017. “We

Mortgage 514

Mortgage Marketing Real Estate Agent Loan Officers 514

Housing Wire

SEPTEMBER 17, 2020

In March 2017, the company revived plans for an IPO. LoanDepot, backed by Parthenon Capital Partners, announced plans to go public in September 2015 , but canceled the IPO hours before pricing due to what the company called adverse “market conditions.” ” At the time, loanDepot had sought a market value of $2.4 billion to $2.6

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Market Value Lending Mortgage Marketing 535

Housing Wire

FEBRUARY 6, 2024

FNB was involved in the case as a successor in interest of Yadkin Bank , which it acquired in 2017. The complaint alleges that, from 2017 through 2021, FNB failed to provide mortgage services to predominantly Black and Hispanic neighborhoods in Charlotte and Winston-Salem, North Carolina.

Advertising 392

Advertising Lending Loan Officers Law 392

Appraisal Buzz

OCTOBER 28, 2024

The appraisal-level PUF for FHA-insured mortgages contains details on approximately 266,000 single-family appraisals conducted from 2017 through 2022. “Today, we take a major step forward, working with our partners at FHFA to make public data that is both current and comprehensive on home appraisals.”

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Appraisal Insurance Valuation Property Appraisal 409

Housing Wire

SEPTEMBER 25, 2024

ERA Prime Real Estate was founded in 2017 by owner Willie Ray III. GAP Realty Group was founded in 2015 by Alex Pandoff and has 50 agents. The combined firm will do business as ERA Prime Real Estate Group. Pandoff will stay on at the firm and serve as an associate broker.

Real Estate 415

Real Estate Realty Brokerage Clients 415

Housing Wire

JULY 22, 2021

We ended 2020 with 5,640,000 existing home sales, which was only roughly 130,000 more than 2017 levels.”. This also means that we should have some prints above 6,200,000 like we have had already and below 5,840,000, which hasn’t happened yet. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day.

Realtors 516

Realtors Housing Market Marketing Mortgage 516

Housing Wire

AUGUST 23, 2021

We were never working from an elevated level of sales in the existing home sales market as we ended 2020 with just 5,640,000 , which was only 130,000 more than 2017 levels. Both together make it very difficult for an epic housing crash in sales to happen, especially when the years 2008-2019 had the weakest housing recovery ever.

Realtors 537

Realtors Marketing Mortgage Housing Market 537

Housing Wire

OCTOBER 4, 2023

Leung was a finalist of Realtor Magazine ‘s prestigious 30 under 30 2017 class. “Wilson is one of the brightest minds in real estate and has an exemplary reputation in the local and national real estate market,” Bradley said.

Real Estate 412

Real Estate Real Estate Agent Brokerage Agents 412

Housing Wire

MARCH 28, 2024

NEXA was founded in 2017 after Kortas and Grella left Equity Prime Mortgage. Roughly 1,845 were considered “active” by Modex. Affiliated companies include AXEN Mortgage , a non-delegated correspondent shop, as well as a charter flight business.

Mortgage 439

Mortgage Brokerage Loan Officers Business 439

Housing Wire

MAY 24, 2024

Bank in 2017, Hummel served as senior executive vice president at Pacific Union and as senior vice president at CMG Financial , where he managed a team of several hundred mortgage loan originators. John Hummel Prior to joining U.S.

Retail 355

Retail Lending Loan Officers Business 355

Housing Wire

JULY 18, 2024

The draft Mortgagee Letter (ML) “proposes updates to HUD’s calculations for the payment of debenture interest for HECM claims and establishes a process for retroactively adjusting the calculation of debenture interest for claims filed on HECMs that became due and payable on or after September 19, 2017,” FHA said in an announcement of the proposal.

Mortgage 340

Mortgage Design Insurance Lending 340

Housing Wire

APRIL 5, 2024

In a prior All Participants Memorandum (APM) issued in December 2017 , Ginnie Mae described how it monitors prepayments in its MBS programs. Ginnie Mae is able to identify issuers with unusually fast prepayment rates through operational performance metrics,” the APM said.

Government 437

Government Mortgage Marketing 437

Housing Wire

MAY 2, 2024

Since our launch in 2017, Engel & Volkers Atlanta has become a premier real estate service provider in the metro area, guiding clients through every step in their home-buying journeys,” Christa Huffstickler, CEO of Engel & Volkers Atlanta, said in a statement.

Brokerage 353

Brokerage Real Estate Sellers Clients 353

Housing Wire

JULY 29, 2021

This looks very normal to me, especially with the existing home sales data that ended 2020 with 5,640,000, which is only 130,000 more than 2017 levels. We see that in the new home sales market as well, which the data got extremely wild.

Housing Market 535

Housing Market Marketing Buyers Mortgage 535

Housing Wire

FEBRUARY 13, 2024

In 2017, Cunningham, de Jong and three others founded Sales Boomerang, an automated borrower intelligence and retention system for the mortgage industry. It also hired Arend de Jong , co-founder and former chief financial officer of Sales Boomerang, as CFO, the company announced.

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Training Mortgage Design Insurance 423

Housing Wire

APRIL 4, 2024

Primarily allocated to the city following Hurricane Harvey in 2017 through a recovery program administered by the state via federal funds , the city aimed to use the money to purchase three lots on which to construct affordable housing. This is according to local reporting by a Houston ABC News affiliate.

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Construction Government Housing Market Finance 421

Housing Wire

FEBRUARY 21, 2024

Founded in 2017, Curbio is based in Potomac, Md. “Today’s sellers want to work with real estate agents who offer added value, including the ability to get their home market-ready and spruced up without having to pay upfront,” said Olivia Mariani, CMO at Curbio. “We

Home Improvement 402

Home Improvement Realtors Real Estate Agent Inspection 402

Housing Wire

OCTOBER 30, 2024

Founded by Karl Jacob and Allan Carroll in 2017, LoanSnap raised $100 million in seed funding from investors such as Richard Branson’s Virgin Group ; former NFL star Joe Montana’s Liquid 2 Ventures ; and LinkedIn co-founder Reid Hoffman.

Landlords 396

Landlords Loan Officers Lending Contracts 396

Housing Wire

JULY 10, 2024

Based in South Carolina , Earnnest has reportedly facilitated more than 350,000 digital earnest money deposits with a total value of more than $2 billion since its inception in 2017.

Real Estate 373

Real Estate Realty Clients 373

Housing Wire

AUGUST 21, 2023

126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry. 4,105 FirstCloseFirstclose. 4,105 FirstCloseFirstclose. Source: Inc.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Housing Wire

AUGUST 17, 2023

Agents and brokers with access to subscription services made more than 1,000 mortgage referrals to Freedom since 2017, according to the CFPB. This is the CFPB’s first RESPA enforcement action since 2017, when the agency reached a consent order with Sherman Oaks, California-based Prospect Mortgage.

Realty 369

Realty Mortgage Brokerage Real Estate 369

Housing Wire

JANUARY 22, 2024

Founded in 2017 in Greensboro, North Carolina by David Keener, the PREMIERE Group operates as a teamerage , providing agents with marketing and operations resources. Top-producing mega team PREMIERE Group is joining fast-growing firm The Real Brokerage , according to an announcement on Monday.

Brokerage 447

Brokerage Agents Realty Clients 447

Housing Wire

JANUARY 31, 2024

The ALTA Registry was launched in 2017 and includes the contact information, branch locations and ALTA identification numbers of participants. The data will be provided to Qualia under a licensing agreement with the ALTA Registry, which is a national database of title and settlement agents.

Insurance 366

Insurance Agents Real Estate 366

Appraisal Buzz

JULY 9, 2024

A large portion of the country’s inventory levels are still significantly lower than those from typical 2017–2019 as compared to pre-pandemic levels, with the exception of a few Southern metro areas: Austin, Texas (+41.3%), San Antonio (+24.1%), and Memphis, TN (+22.3%). Median listing price: (+0.0% percentage points to 18.3%) (+1.3

Housing Market 418

Housing Market Buyers Marketing Inventory 418

Appraisal Buzz

DECEMBER 10, 2024

Despite those gains, the market still trails the November 2017-2019 average by 20%, with notable regional variation: the South and West are far closer to pre-pandemic levels than the Midwest and Northeast. Compared with the typical November from 2017 to 2019 before COVID-19, the South saw the smallest gap in inventory, down just 1.4%

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Housing Market Marketing Inventory Government 418

Housing Wire

AUGUST 2, 2024

The company, founded in 2011 as a mortgage broker, transitioned to a mortgage lender in 2017. Garden State had 34 sponsored loan officers and two active branches—in Medford (New Jersey) and Maitland (Florida)—as of Friday, per the Nationwide Multistate Licensing System (NMLS). Its website says the lender has funded over $5.6

Loan Officers 379

Loan Officers Lending Clients Development 379

Housing Wire

SEPTEMBER 11, 2024

According to S&P Global, insurance premiums increased nationally by 34% between 2017 and 2023, with even more increases hitting homeowners in 2024. According to data from Bankrate and S&P Global, typical insurance for a $300,000 home in Oklahoma is roughly $5,000 per year, roughly 45% more in 2023 than in 2017.

Mortgage 422

Mortgage Insurance Inventory Buyers 422

Housing Wire

APRIL 24, 2024

But the 2017 Tax Cuts and Jobs Act (TCJA) is also scheduled to sunset at the end of 2025 unless Congress acts to either extend or replace it. This also needs to be considered in any potential strategy for wealthy clients.

Bracketing 425

Bracketing Clients Law Finance 425

Housing Wire

NOVEMBER 5, 2024

Between 2017 and 2021, rural areas and small towns had remarkably consistent shares of the home purchase market at about 13% and 22%, respectively. This gave rise to the narrative that city dwellers wouldn’t return and urban centers were dying. Turns out, they weren’t.

Realtors 429

Realtors Housing Market Construction Real Estate 429

Housing Wire

NOVEMBER 20, 2023

Sears, a broker/partner of Sears Real Estate in Springfield, Massachusetts , was NAR’s vice president of government affairs in 2017 and president of the Massachusetts Association of Realtors in 2010. NAR also officially appointed Kevin Sears as its 2024 president-elect. Lastly, Kevin Brown is NAR’s 2024 first vice president.

Realtors 381

Realtors Realty Real Estate Government 381

Housing Wire

MARCH 20, 2024

Cory Vasquez was promoted to the position of co-president, alongside Vinnie Tracey, who has been the company’s president since 2017. Realty ONE Group International , a global real estate franchise, recently promoted five women to drive the company’s global growth.

Realty 362

Realty Human Resources Real Estate Brokerage 362

Housing Wire

OCTOBER 2, 2023

The NFIP’s last multi-year reauthorization sunsetted on September 30, 2017. An extended lapse in NFIP authority could affect 1,300 real estate transactions per day., the NAR said. Since then, the program was extended 22 times (23 times as of today) and lapsed thrice.

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Insurance Government Home Value Realtors 371

Housing Wire

MAY 21, 2024

He added that NEXA has been profitable since its inception in 2017. Kortas said that the company charges a technology fee of $75 monthly per person but has other revenue sources than the commission split, such as events and its tech platform. “There are more ways to make money than on loan fees for a broker.

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Loan Officers Brokerage Mortgage Technology 432